In April 2022, CEO Achigonye JohnPaul, alongside co-founders Egbuonu Ikenna, Malachi Chidera, and Nnaji Joshua, established Coinazer with a vision to empower individuals and businesses through secure, seamless, and affordable access to cryptocurrencies and blockchain technology.
Coinazer’s user-centric wallet provides individuals with complete control over their digital assets, while also offering a platform for buying, selling, and trading a diverse array of cryptocurrencies. John Paul emphasized that Coinazer is not just a company; it is a transformative force in finance, merging cryptocurrencies, blockchain technology, financial inclusivity, security, and expert support to create a brighter financial future, especially in regions lacking traditional banking services.
The company aspires to a future where everyone, regardless of their location, can confidently participate in the global financial landscape. Coinazer envisions facilitating effortless settlements for remittances, both locally and internationally. Unlike many crypto wallets and exchanges plagued by high fees, transaction failures, and limited accessibility, Coinazer strives to be the antithesis, focusing on reducing fees, enhancing security, and improving accessibility and reliability.
John Paul highlighted Coinazer’s competitive edge, emphasizing its commitment to bridging market gaps and offering a comprehensive solution that merges blockchain technology with financial inclusivity. With the African digital remittance market expanding, Coinazer is strategically positioned to capture a significant share by providing secure, efficient, and cost-effective remittance services. Since its inception, Coinazer has facilitated transactions totaling over US$3.8 million, a testament to the trust placed in its platform by over 5,000 individuals and businesses.
Initially backed by an angel investor, Coinazer is now in the pre-seed phase, with ambitious plans to enhance its offerings. The company’s global footprint recently expanded to Brazil, a pivotal step toward reaching a broader audience. John Paul emphasized strategic partnerships with more than 40 key players in the blockchain and fintech industries, enabling Coinazer to improve its services and collaborate with organizations dedicated to advancing financial inclusivity.
Coinazer’s expansion ambitions extend beyond Nigeria and Brazil; it aspires to be a globally recognized leader in digital remittances and blockchain-based financial services. With a strong foundation built on trust, innovation, and user-centric solutions, Coinazer continues to pave the way for a more accessible and inclusive financial future.